The leasing company Unileasing has issued bonds for a total amount of 4,000,000 manats.
According to the Baku Stock Exchange, the relevant prospectus for 4,000 unsecured interest-bearing book-entry bonds with par value of AZN 1,000 passed state registration.
According to the prospectus, the securities circulation period is 12 months and the annual percentage rate is 10.5%. The underwriter of the securities is Unicapital.
The founders of JSC Unileasing are Unibank (66.67% equity) and the European Bank for Reconstruction and Development (33.33%). The priorities of the company are car leasing, construction machinery, vehicles, industrial and medical equipment, and real estate. - 15B -
Economics
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
-
Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Leave a review